Who are last-time buyers, and what challenges do they face?
The name ‘last-time buyers’ probably gives a lot away about who fits into the category. They are people who are planning to buy a home to live comfortably in during retirement, and potentially for the…
Balancing investment risk in the years leading up to retirement
After working hard for many years and diligently saving, it is not surprising that many people begin to reign in the control they have over their capital as retirement age approaches. For instance, research from…
The ‘pocket money economy’: How an income in early life can increase your children’s financial skills
Could the way you give your children pocket money improve their money-handling skills and better prepare them for the challenges of adult life? It could certainly help them to develop strong saving habits, with research…
The ABCs of Behavioural Biases (S–Z)
We’re coming in for a landing on our alphabetic run-down of behavioural biases. Today, we’ll present the final line-up: sunk cost fallacy and tracking error regret. Sunk Cost Fallacy What is it? Sunk cost fallacy…
The best education: What your children need to know before they go to uni
With just four months to go until the new university year, is your child likely to spend wisely, or blow their entire student loan in the first month? Anyone who’s been a student knows that…
Is it reasonable and affordable for pensioners to be supporting three generations?
How many people rely on your pension? If you find yourself regularly giving money to your children and grandchildren, you may be among the 31% of retirees who choose to give part of their income…